Traditionally, purchasing and supply management (PSM) has strongly relied on data management, as procurement managers need to dispose of, clean, and update data of different natures to compare suppliers’ performance, …
big data
- GeneralInventory managementSupply Chain Sustainability
Harness The Power of Data To Optimize Your Supply Chains
The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market. By 2026, …
- GeneralInventory managementSupply Chain Management
What the future of ChatGPT has for the Supply Chain
The overwhelming popularity of OpenAI’s ChatGPT has been a hot topic since the turn of the new year. Discussions of the positives and negatives have been argued at great length, …
Automation has brought a lot of value to industries across the United States in recent years. When used correctly, it can increase output, and allow you to bring customers exactly …
From raw profitability and growth to the ability to delight customers with quick turnarounds, supply chain optimization is the missing ingredient for many organizations in a wide range of industries. …
Big data and its various applications open many new possibilities in manufacturing and supply chain management; no question about it. However, Big Data does not automatically lead to success. On …
- Demand planningSupply Chain Management
Big data: driving changes in supply chain management
by Karsten Hornby Karsten HornThe importance of an agile supply chain With the success of the recent Olympic Games captivating millions across the world, UK firms were faced with a mix of new challenges. …